Alvarez & Marsal opens third Canadian office in Calgary

Professional service firm Alvarez & Marsal (A&M) has announced the opening of its third Canadian office. The NYC-based firm, which specializes in turnaround and performance management, now has an office in Calgary to complement existing Canadian branches in Toronto and Vancouver.

Global restructuring consulting firm Alvarez & Marsal (A&M) has opened a new office in Calgary, Alberta. The Managing Director of the Calgary operation will be Tim Reid, who joins A&M after 20 years with accounting and consulting firm KPMG. Orest Konowalchuk, formerly a Senior Manager at Ernst & Young, joins Reid as a Director at the Alberta A&M office. The Calgary location is A&M’s third in Canada, with existing offices in Toronto and Vancouver.

Commenting on the expansion, Managing Director of A&M Canada Douglas McIntosh said, “Alvarez & Marsal is experiencing a very strong demand for our restructuring, corporate finance, and business advisory services in Canada. Having served clients in Western Canada for some time, opening an office in Calgary was a natural next step.”

Remarking on the office’s newly hired leadership, McIntosh said, “Both Tim and Orest are outstanding practitioners and highly-respected professionals in this market, with strong track records of providing clients with measurable results. We are delighted to welcome them to our dynamic, growing team.”